COINPURO - Crypto Currency Latest News logo COINPURO - Crypto Currency Latest News logo
Seeking Alpha 2026-02-11 20:13:41

Crypto lender BlockFills suspends client deposits, withdrawals on market conditions

Crypto lender BlockFills on Wednesday said it has temporarily suspended client deposits and withdrawals, given the recent market and financial conditions. The move comes in the wake of Bitcoin ( BTC-USD ) experiencing a period of intense volatility lately. At times, the cryptocurrency traded at levels less than half its October 2025 peak of more than $126K. 2026 will mark the bear leg of Bitcoin's four-year cycle, with prices potentially falling to the $50K-$60K range this summer before rebounding in the fall, according to the digital asset and crypto fund manager Canary Capital. BlockFills said the management is working to bring this issue to a swift resolution and to restore liquidity to the platform. The Chicago-based company said clients have been able to continue trading for opening and closing positions in spot and derivatives* trading and select other circumstances.

Most Read News

coinpuro_earn
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.